Jio Giga Fiber is offering high-speed broadband plans in the country for as low as Rs 699. There is also an insanely fast 1Gbps offering from Jio Fiber that comes with a host of premium apps and other goodies

Jio GigaFiber is set to revolutionise the digital space in India and apart from the fixed internet connection, JioFiber connection will be accompanied by fixed-line phone service, set-top-box capable of gaming, Free 4K TV and Jio IoT services

JioFiber hasn't disclosed its entire plan and pricing strategy yet but others have already started slashing their prices, extending additional benefits and offering a free subscription to other third-party OTT platforms to ward-off the customer churn

Reliance Jio Fiber Effect: Hathway's 100 Mbps Freedom plan costs 699 per month with a data cap of 1TB. Hathway has also launched an affordable 50 Mbps plan for as low as Rs 399 in the select circles across the country.

The Indian economy likely expanded at its slowest pace in more than five years in the April-June quarter, driven by weak investment growth and sluggish demand, according to economists polled by Reuters.

Oppo Reno 2 India launch: Reno 2 series includes three smartphones - the Reno 2, Reno 2Z and Reno 2F. The India launch event will be the global debut for Reno 2 and the China launch is scheduled for September 10